EBU Single Rulebook Q&A 20 November 2018 2018_4378 Treatment of CIUs in internal model for market risk – possible restrictions

Is the use of internal models to compute own funds requirement for market risk of positions in CIUs restricted to either of the conditions referred to in paragraphs (1) and (2) of Article 350? Following the structure of the CRR chapter 2 Art. 348 to 350 CRR are only applicable for trading book positions subject to position risk calculated using the standardised approach.